These tables show how money grows when placed at simple interest.
At Three Per Cent
| $1 | $2 | $3 | $4 | $5 | $6 | $7 | $8 | $9 | $10 | $100 | $1000 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 year 6 mos. 3 mos. | .03 .01 .00 | .06 .03 .01 | .09 .04 .02 | .12 .06 .03 | .15 .07 .03 | .18 .09 .04 | .21 .10 .05 | .24 .12 .06 | .27 .13 .06 | .30 .15 .07 | 3.00 1.50 .75 | 30.00 15.00 7.50 |
At Five Per Cent
| $1 | $2 | $3 | $4 | $5 | $6 | $7 | $8 | $9 | $10 | $100 | $1000 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 year 6 mos. 3 mos. | .05 .02 .01 | .10 .05 .02 | .15 .07 .03 | .20 .10 .05 | .25 .12 .06 | .30 .15 .07 | .35 .17 .08 | .40 .20 .10 | .45 .22 .11 | .50 .25 .12 | 5.00 2.50 1.25 | 50.00 25.00 12.50 |
QUESTIONS
How much will $1.00 amount to in six months? In one year?
How much will $10.00 amount to in six months? In one year?
